CTECH – Daily Technology Briefs
Right now just might be the best time to invest in traveltech, says NFX founder. Gigi Levy-Weiss spoke to CTech about what the coronavirus means for VCs and investors. Watch video
Website accessibility startup AccessiBe raises $12 million. AccessiBe develops an artificial intelligence tool for automating the process of making websites accessible to people with visual, hearing, and motor impairments. Read moreMedical analytics company DiA aims to detect heart complications in coronavirus patients.DiA develops pattern recognition and machine learning software that can generate automated image analysis, and be implemented in ultrasound devices and medical picture archiving and communication systems (PACS). Read more
Cybersecurity company Semperis raises $40 million in Series B funding round. Insight Partners led the round that brings the company’s total funding raised to $54 million. Read moreFace recognition startup AnyVision continues layoff spree.
Website accessibility startup AccessiBe raises $12 million. AccessiBe develops an artificial intelligence tool for automating the process of making websites accessible to people with visual, hearing, and motor impairments. Read moreMedical analytics company DiA aims to detect heart complications in coronavirus patients.DiA develops pattern recognition and machine learning software that can generate automated image analysis, and be implemented in ultrasound devices and medical picture archiving and communication systems (PACS). Read more
Cybersecurity company Semperis raises $40 million in Series B funding round. Insight Partners led the round that brings the company’s total funding raised to $54 million. Read moreFace recognition startup AnyVision continues layoff spree.
The layoffs follow Microsoft’s investment arm M12’s divestment of its stake in the company in March. Read more
This AI tool is putting on scrubs to fight Covid-19. Socrates, an AI research tool originally developed for security agencies by Israel-based company Omnisol, is now being used by Israeli hospitals to advance coronavirus research. Read moreSharp rise in network traffic volume boosts Allot revenue.
Israel-based Allot, which provides network intelligence and security solutions to service providers worldwide, announces 15.4% increase in revenue in the first quarter of 2020. Read more
Innovation Authority invites Israeli companies to participate in pilot with world-leading medical centers. The IIA program will offer financial support of up to 50% of the project’s approved research and development budget. Read more
Interview | Former NSA chief: Values must not be compromised in the name of security, not even during a pandemic. Mike Rogers, who was named head of the NSA at the height of the Snowden scandal is acutely aware of how fragile the public trust is in the intelligence entities of the democratic nations. Read more
AI baby monitor startup Nanit raises $21 million. Nanit develops a machine learning and computer vision-based monitor that tracks and analyses babies’ sleep. Read more
SAP.iO foundry Tel Aviv’s second cohort to focus on consumer products industry. During the 12-week program, the startups will have access to SAP executives and top industry mentors and have the option of deploying their solutions on the SAP App Center. Read more
Israel Innovation Authority doubling down on strapped tech startups. Sagi Dagan, Vice President, Growth Division says the authority is determined to give the industry’s good companies a longer runway to survive the pandemic. Read more
Interview | Spoiled for choice? Natural Intelligence cuts down your brain clutter. Taking his cue from Moses, CIO Yoav Tzuker says 10 recommendations are enough to help consumers make the right choices for them. Read more
Bucking the trend, Spot.IM announces major employee recruitment. “We have the power to recruit workers, even at times like this, because we are funded by people and companies that believe in us and our unique solution,” says CEO. Read more
Automated legal contract startup LawGeex raises $20 Million. LawGeex develops software that automates legal contract reviews for customers including HP and General Electric. Read more
Covid-19 gave Medtech a push forward, says EarlySense CTO. Guy Meger, the chief technology officer of nonintrusive patient monitoring company EarlySense, believes the pandemic helped eliminate innovation-blocking hurdles. Read more
“A layoff strategy costs money, recruiting workers afterward is expensive.” The heads of Anodot, IntSights, Kaltura, and Workiz speak about running companies during a crisis at Calcalist and Google’s Startup Week conference. Read more
Pitango leads $5 million seed round for digital health startup Alike.
Currently still in stealth mode, Alike develops an AI-based system that helps patients monitor their own condition. Read moreFuson leads $17 million round for Israeli autotech company IRP. IRP develops energy-efficient high-performance engines and controls for electric vehicles. Read more
AI baby monitor startup Nanit raises $21 million. Nanit develops a machine learning and computer vision-based monitor that tracks and analyses babies’ sleep. Read more
SAP.iO foundry Tel Aviv’s second cohort to focus on consumer products industry. During the 12-week program, the startups will have access to SAP executives and top industry mentors and have the option of deploying their solutions on the SAP App Center. Read more
Israel Innovation Authority doubling down on strapped tech startups. Sagi Dagan, Vice President, Growth Division says the authority is determined to give the industry’s good companies a longer runway to survive the pandemic. Read more
Interview | Spoiled for choice? Natural Intelligence cuts down your brain clutter. Taking his cue from Moses, CIO Yoav Tzuker says 10 recommendations are enough to help consumers make the right choices for them. Read more
Bucking the trend, Spot.IM announces major employee recruitment. “We have the power to recruit workers, even at times like this, because we are funded by people and companies that believe in us and our unique solution,” says CEO. Read more
Automated legal contract startup LawGeex raises $20 Million. LawGeex develops software that automates legal contract reviews for customers including HP and General Electric. Read more
Covid-19 gave Medtech a push forward, says EarlySense CTO. Guy Meger, the chief technology officer of nonintrusive patient monitoring company EarlySense, believes the pandemic helped eliminate innovation-blocking hurdles. Read more
“A layoff strategy costs money, recruiting workers afterward is expensive.” The heads of Anodot, IntSights, Kaltura, and Workiz speak about running companies during a crisis at Calcalist and Google’s Startup Week conference. Read more
Pitango leads $5 million seed round for digital health startup Alike.
Currently still in stealth mode, Alike develops an AI-based system that helps patients monitor their own condition. Read moreFuson leads $17 million round for Israeli autotech company IRP. IRP develops energy-efficient high-performance engines and controls for electric vehicles. Read more
Immunai announces $20 million seed round to fund immune system mapping. The company employs more than 30 workers in Israel and New York and collaborates with more than 10 world-leading medical centers and bio-pharma companies. Read more
Intel and Microsoft investing in secretive Israeli company. Xsight Labs, a startup partially funded by tech entrepreneur Avigdor Willenz, has raised $100 million in funding. It’s previous round, led by Intel Capital brought in $50 million. Read more
“Our digital infrastructure helped us overcome the Covid-19 crisis.”
Three HR managers share their experiences from the coronavirus crisis and insights on how it is likely to change the workplace in the future. Read more
CTalk | We anticipate at least one worldwide crisis when creating a fund, says VC. Tal Slobodkin, Managing Partner at StageOne Ventures spoke to CTech about what the coronavirus era means for investors.
Watch video
White Sands bid substantially higher than its competitors for the right to mine construction materials for 20 years. Read more
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The rate of companies that raised in early rounds rose to about 38% according to the survey held by Israeli law firm Shibolet & Co. in collaboration with Fenwick & West LLP. Read more
Intel and Microsoft investing in secretive Israeli company. Xsight Labs, a startup partially funded by tech entrepreneur Avigdor Willenz, has raised $100 million in funding. It’s previous round, led by Intel Capital brought in $50 million. Read more
“Our digital infrastructure helped us overcome the Covid-19 crisis.”
Three HR managers share their experiences from the coronavirus crisis and insights on how it is likely to change the workplace in the future. Read more
CTalk | We anticipate at least one worldwide crisis when creating a fund, says VC. Tal Slobodkin, Managing Partner at StageOne Ventures spoke to CTech about what the coronavirus era means for investors.
Watch video
The Nacht Family Foundation throws lifeline to music industry workers.
The Inbar and Marius Nacht Foundation will donate NIS 3.5 million (approximately $1 million) to music industry workers who have been in dire straits in recent months. The donation will benefit 700 musicians, lighting professionals, amplification technicians, and production workers. Read moreCTalk | Covid-19 led Lemonade to launch in the Netherlands while sitting at home, says Chief of Staff.
Adina Eckstein spoke to CTech about what the coronavirus era means for HR managers and the insurance industry. Watch videoInterview | TULU on a mission to change how you consume.
The Israeli startup aims to reshape the way people in the city use household products by making them available to rent on demand. Read moreJacob Engel to pay $570 million for right to mine Hanaton Quarry.
White Sands bid substantially higher than its competitors for the right to mine construction materials for 20 years. Read more
Shopic raises $7.6 million to expand que-less shopping.
Retailers can use the platform to communicate with customers while they are in the shop and send them personalized offers. Read moreIsraeli VC partners offer strategies on how to exit the crisis as winners.
Veteran investors discuss the impact of Covid-19 on the Israeli fundraising ecosystem and praise young generation of CEOs.Read more
Israeli tech industry will miss good old days of 2019, survey says.
The rate of companies that raised in early rounds rose to about 38% according to the survey held by Israeli law firm Shibolet & Co. in collaboration with Fenwick & West LLP. Read more
